InnovaCare Health is a well-known healthcare firm that genuinely believes in having the best medical support for all of its patients. This mantra for supporting all patients is a big part of their InnovaCare Health’s corporate values. And in 2016, InnovaCare Health joined the Health Care Payment Learning and Action Network. This network, which is known as LAN, works in adopting new payment models. The idea behind LAN is to focus on quality. InnovaCare Health believes in LAN’s undertaking to propel the transformation to new payment models in public and the private branches of the U.S. healthcare industry.
The U.S. Department of Health and Human Services created the LAN, or Health Care Payment Learning and Action Network to stimulate a streamlined process for payment methods in both the private and public sectors of the U.S. health care system. CEO of InnovaCare Health, Dr. Rick Shinto, has worked with many skilled executives on his team, especially Penelope Kokkinides, their Chief Administrative Officer (CAO). Penelope Kokkinides has over two decades of expertise as well as specialization in the healthcare milieu. Kokkinides has a knowledge base and experience with areas of Medicare, Medicaid, and in managed care.
In 2015, Kokkinides rejoined InnovaCare Health. Today, she works with InnovaCare’s executive team, especially on essential company endeavors with CEO, Dr. Shinto. In April 2017, Penelope Kokkinides received a special invitation to meet with President Donald Trump in the Roosevelt Room, which is located in the West Wing of the White House. Kokkinides was invited along with seven other women as part of what was deemed the Women in Healthcare panel. One of the discussions at the White House panel was the importance of women’s roles in healthcare.
Kokkinides spoke about the cuts to Puerto Rico’s federal funding concerning Medicare Advantage. Penelope Kokkinides noted the importance of boosting funding in Puerto Rico for Medicare Advantage. She also noted that the smaller cuts in the United States in disproportionate to Puerto Rico’s one billion dollar cuts.
Penelope Kokkinides noted while at the White House that with CMS, there is consideration about making changes to Medicare Advantage payments for Puerto Rico, which could help them slowly get them out of their current funding deficits. Two of InnovaCare’s subsidiaries, PMC Medicare Choice, and MMM Healthcare use a private plan like Medicare Advantage (Puerto Rico’s most popular plan). InnovaCare Health serves 560 thousand plus beneficiaries located in Puerto Rico.